The US has seized yet another tanker — this one in the middle of the Indian Ocean — on accusations that it defied its blockade of Venezuela. The US Department of War said on Monday that it had seized ...

We won't blame you for adopting the age-old habit of applying anti-seize lubricant to new spark plugs, specifically before inserting them into the cylinder head. Besides, anti-seize was conceived ...

OPEC’s crude output declined last month as turmoil curbed Venezuela’s exports while other members began a three-month production freeze, a Bloomberg survey showed. The Organization of the Petroleum ...

OPEC+ agreed to keep its oil output unchanged for March at a meeting, the producer group said on Sunday, even after crude prices hit six-month highs on concern the US could launch a military strike on ...

Arising from the 64th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Sunday, 1 February 2026. The Organization of the Petroleum Exporting Countries ...

President Trump said in an interview Wednesday that he supports Venezuela staying in the Organization of the Petroleum Exporting Countries (OPEC). “Well, I think it’s better for them if they do it,” ...

The Organization of the Petroleum Exporting Countries expects world oil demand to grow at a steady pace in 2027 in its first outlook for the year. Demand is forecast to rise by 1.34 million barrels a ...

A statement posted on OPEC’s website last week announced that the OPEC Secretariat had received updated compensation plans from Iraq, the United Arab Emirates (UAE), Kazakhstan, and Oman. A table ...

OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group’s members. Sunday’s meeting of eight members of ...

President Donald Trump's plan to take control of Venezuela's oil industry and ask American companies to revitalize it after capturing President Nicolás Maduro in a raid isn't likely to have a ...

OPEC+ is expected to stick with a planned output pause when it meets this weekend amid growing signs of global oil oversupply, three delegates said. Key members led by Saudi Arabia and Russia will ...